With dividends adding up to about 25% of investors’ total returns so far this year, there are four large-cap stocks poised for a dividend hike in the next quarter, according to TheStreet’s Jonas Elmerraji. With a dividend yielding 2.7% at current price levels, Microsoft (MSFT) is an income investor favorite — and it looks likely to hike its $0.31 dividend in the next quarter. The firm currently carries more than $75.3 billion in net cash and investments, putting the $374 billion tech stock in great shape for a dividend boost. Despite waning U.S. tobacco sales, Philip Morris (PM) collects almost 30% of the global tobacco market. The company already pays a 4.9% yield, and the company’s $1 quarterly dividend is likely to get a further boost alongside earnings this September. KFC and Pizza Hut parent Yum! Brands (YUM) pays out a $0.41 dividend that adds up to a 1.8% yield, a payout it’s maintained for four straight quarters. That’s lead to expectations the firm will announce a dividend hike in the coming quarter.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
